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Demo Day, Spring 2015 is in the books and it was a resounding success. Tremendous performances by all ten teams, Adistry, PotGuide.com, StashLogix, Leaf, BDS Analytics, Highest Reward, Healthy Headie Lifestyles, The Herbalista Set, Glasshous, and Tradiv. I couldn't have asked for a better set of presentations. Each team brought energy, passion, and clarity. The audience loved it and I heard from dozens of people, all with rave reviews.

Moving the Cannabis Industry from Criminal to Legal

The US economy doesn’t spawn an entirely new industry very often and legal marijuana may well be the best ground floor opportunity we’ve seen since the early days of the Internet. The fact is that the pendulum tipped and the legal marijuana business is the fastest growing industry in the US. The best part is we are still in the early days of this budding business sector and legal marijuana is considered to be the best start up opportunity in 2015.

Today I was reminded of the importance of building and practicing good habits and a saying from the Corps.

[vc_row][vc_column width="1/1"][vc_column_text]As the Co-Founder & Managing Director of CanopyBoulder, the industry's first business accelerator, I feel qualified to comment on this one. We're working with 10 start-ups in ancillary products and services right now.

95% of new businesses fail. A simple fact (WSJ paywall).

So if your dream business is more likely to be unsuccessful than make you money, why even try?

If only there was a way to increase your chances of success. One that surrounded you with expert mentors and advisors, introduced you to investors, and rapidly accelerated the development of your business.

The secret here is that this model exists and has quickly become the best place to launch a startup. It’s called a business accelerator, and CanopyBoulder is the first and leading business accelerator in the cannabis industry.

CanopyBoulder focuses on ancillary products and services startups in the cannabis industry including software, hardware, media, data, safety, grow-tech and other businesses that don’t “touch the plant”. There will be no grow operations, extraction businesses, manufacturers of edibles, nor dispensaries in our accelerator.

This year we are working with 20 startups, all selected from an open application. We invite them to Boulder for a 13-week business boot camp and surround them with expert advisors, mentors, and investors.

We will also give them $20,000 in seed capital, over $40,000 in business services, $1M in mentorship value, and produce a demo day where they can tell their story to an auditorium of investors and cannabis industry professionals.

New to the industry, but bringing a deep bag of tricks and professional experience? We can introduce you to the cannabis industry faster and more efficiently than anyone. The first month of our program focuses on immersion with mentors, industry leaders, customers and vendors. We get you away from your business plan and into the industry. Launch parties, Meetups, big company visits, mentor presentations, grow operation, MIP, and dispensary tours are just a few of the ways to rapidly raise your cannabis industry IQ.

Lacking an MBA, but working in the industry where you have uncovered a great opportunity, yet you lack the access to capital and the experience to start a new venture? We provide an environment in which to work that is both collaborative and competitive. You’ll work harder than you ever have before to do-more-faster than out on your own. Fair warning - it will be the hardest time of your life, but also the most rewarding.

Plus, we give you $20,000 in seed capital and access to legal, accounting, tax, finance experts who are part of our network.

What else do you need? You need to share a vision of creating the best in class businesses supporting the cannabis industry today. You must be intelligent, driven, inquisitive, hard working, and you must absolutely possess low ego and take advice, suggestion and expert guidance well. The 13-week program exposes your team’s underlying culture and if that’s one of stubbornness, inflexibility, and arrogance you’ll find yourself wasting both your time and ours.

Our goal is to produce investment-ready startups and give you everything you need to build a successful company and become a great leader. In doing so, we will bring entrepreneurs, investors, mentors and the Denver-Boulder cannabis industry community together to build a safe, smart and sustainable course for this emerging industry.

It’s big picture, but it’s exactly what the industry needs right now and that is why many consider CanopyBoulder the forge crafting the future of the industry.

Are you up for it?

If so, apply here: www.canopyboulder.com/apply by June 2nd and get yourself ready for the greatest ride of your life. Class starts August 31^st. Demo day is slated for December 3^rd.

Not sure you believe me, check out this video of current CanopyBoulder entrepreneurs talking about what it’s like.

[vc_row][vc_column width="1/1"][vc_column_text]Our founders talk about what motivates them every day as they pursue their dreams. They are driving towards a goal in a new industry, taking risks and pushing themselves every day. Why do they do it? Is it money/pride/ego? Listen and become part of our community.